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Welcome to this BTC update.
BTC is continuously dropping after the rejection from the 22.5k resistance level. It is forming a bear flag in a 12hr time frame and currently hovering near the lower trendline of the flag. As long as BTC stays above this lower trendline (19k) we can expect a bounce from here.
If in any case, it breaks down from this bear flag (Break below 19k) then be ready for another low.
Support:- 19k
Resistance:- 22.5k
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